Herein my location i use bitcoin as payment using online wallet approve by the government
I use it to pay electric bill water bill buy a cellphone load etc
Easy and convenient to use no need to waste time to go in the payment center
Hope someday in the near future bitcoin can use payment all over the world use for online shopping
Topic: How Practical is Bitcoin As Payment Service? - page 4. (Read 2769 times)
I have never used bitcoin as payment method before, and until now. Because i haven't found any online shop that accept bitcoin as payment. And there's nothing in my country like that as well. I really want to try at least once, but still haven't found the place to do so.
But i think it won't be as pratical as you think because people said bitcoin transaction took a long time, and the fee is kinda high so it will be a loss if we use bitcoin to buy something cheap. Like, we'll just waste it for nothing. Not really sure as well though, because i never experienced it before so can't really say much.
But i think it won't be as pratical as you think because people said bitcoin transaction took a long time, and the fee is kinda high so it will be a loss if we use bitcoin to buy something cheap. Like, we'll just waste it for nothing. Not really sure as well though, because i never experienced it before so can't really say much.
Don't think is pratical for everyone but almost , specially with new generation. I am just wondering what happen if someday internet will not work anymore?
This might not be easily accepted because of its volatility in value, a wild swing in value makes it difficult for small businesses to absorb losses. Again, in countries like USA where the IRS consider crypto as a form of property, triggers a separate tax. Shops like Subway accepted it as payment for meal items but have to go the stress of converting it to be able to use for paying of bills.
Don't think is pratical for everyone but almost , specially with new generation. I am just wondering what happen if someday internet will not work anymore?
I also believe that Bitcoin as payment service is not practical. One of the reason is the confirmation time. 10 minutes per confirmation is quite long, considering there are lots of blockchain that offers a shorter time of confirmation time. I believe if the confirmation stays that long, and Bitcoin is mass adopted, billions of money will be lost during those confirmation time. (talking about processing of orders).
It's a good option actually to have a payment option for bitcoin and it's pretty practical. So many online shopping sites a accepting payments via bitcoin and many more is on their way and it's a good way to create a demand and spreading of bitcoin by choosing bitcoin payment option. And I don't think there is any limit to pay via bitcoin. I mean you can pay via bitcoin as much as you want.
i am new here and i came to ask fellow users about how practical bitcoin as payment method is? i paid for domain on namecheap via bitpay and it was okishh experience. I mean how much i can use bitcoin to pay online for shopping,services and goods?
when you use bitcoin in payment / payment you don't need a third person anymore, then transaction faster and there will be no double transactions, and there is no maximum limit in it. 
i am new here and i came to ask fellow users about how practical bitcoin as payment method is? i paid for domain on namecheap via bitpay and it was okishh experience. I mean how much i can use bitcoin to pay online for shopping,services and goods?
indirectly you want to use bitcoin for the sale and purchase of goods. but in my own country the application of bitcoin as a means of payment for purchases of goods has not been established, so it is likely that this is quite difficult for me to conclude.
Well, bitcoin is very unstable so I'll say it's not that reliable when it comes to being a payment service. It certainly can be used as an alternative payment method, especially for big transactions, but both parties should be able to trust bitcoin completely.
It's volatile, but it isn't really that volatile on a small, hourly level, and often even daily. You're unlikely to lose -- or gain much -- making day to day transactions expect for those anomalies where it falls by hundreds in a day, but those are luckily rare.
i think transactions are slow..when they make superfast transactions then it be more practical, obviously
When was the last time you made a transaction (if you have at all)? Bitcoin is lightning fast these days and payments are practically as good as instant.
Today, I think there are many online shops that accept payment using bitcoin. So no matter how much bitcoin you want to spend, it seems there will be no problem 
Well, bitcoin is very unstable so I'll say it's not that reliable when it comes to being a payment service. It certainly can be used as an alternative payment method, especially for big transactions, but both parties should be able to trust bitcoin completely.
i think transactions are slow..when they make superfast transactions then it be more practical, obviously
I is very practical than we think because there are so many facilities that bitcoin network provide for its users like security, fast transaction speed and other essential once so if it is implemented correctly into payment options in the retail sites or any other business to allow there customers to pay via bitcoin the advantages and benefits that can gain for users and businesses are immense
Absolutely safe and practical means of transaction, bitcoin is!! Actually there are many places where bitcoin has come to be recognized as a legal tender. And then there are many reputed multinationals just like SAMSUNG, that are supporting the crypto market in full swing!! SO it is totally ok for people to use crypto coins as payment option. But again the same thing, that cryptos are still not a legal tender in most of the countries!
i am new here and i came to ask fellow users about how practical bitcoin as payment method is? i paid for domain on namecheap via bitpay and it was okishh experience. I mean how much i can use bitcoin to pay online for shopping,services and goods?
the practical way must be permission from the authorized person so I cannot force it and must explain it must be permission first and after permission can be explained how to pay bitcoin through the day
Bitcoins like other remittance services like western union is able to be used to make payment online in a fraction of seconds without interference of a financial institutions. It is this mode of payment that make bitcoins superior to any of the payment services available. Also, the ability to make anonymous payment is an advantage of using it as a payment service.
As an example of the practical use of Bitcoin (and several other cryptocurrencies) I can give my last holiday visit to Cryptobar in Tenerife (Canary Islands). A great experience to pay in BTC, and of course this is a cool place! I recommend!
https://www.tripadvisor.co.uk/Restaurant_Review-g659661-d13999155-Reviews-Cryptobar-Los_Cristianos_Arona_Tenerife_Canary_Islands.html
https://www.tripadvisor.co.uk/Restaurant_Review-g659661-d13999155-Reviews-Cryptobar-Los_Cristianos_Arona_Tenerife_Canary_Islands.html
i am new here and i came to ask fellow users about how practical bitcoin as payment method is? i paid for domain on namecheap via bitpay and it was okishh experience. I mean how much i can use bitcoin to pay online for shopping,services and goods?
As of right now bitcoin is not the easiest way to pay for services on the internet or in physical stores but this is going to eventually change and things are going to improve once the lightning network is finally activated, there is a long way to go before that happens since the developers need to make sure that everything is all right before that happens.So for the time begin it is a good idea to look for other options, this is especially true if you are looking forward to the future of bitcoin not only as a currency but as an investment since right now its price is very low compared to the all time high that we reached just a few months ago.
i am new here and i came to ask fellow users about how practical bitcoin as payment method is? i paid for domain on namecheap via bitpay and it was okishh experience. I mean how much i can use bitcoin to pay online for shopping,services and goods?
There are some sites that accept Bitcoin
The number is now increasing
As for the local sites and shops it depends on the legal Bitcoin mode there.
if a lot of things can shop online with bitcoin maybe it will be very easy, but unfortunately in my country bitcoin transactions are still banned, I have never made any payments with bitcoin.
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